Budget Fuels Cement Sector Growth, Industry Leaders Welcome Reforms

Hyderabad: The Cement Manufacturers’ Association (CMA) has welcomed the Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, highlighting its potential to boost infrastructure, employment, and economic growth. The industry believes the Budget’s focus on strategic investments will accelerate India’s development.

CMA President and Shree Cement MD Neeraj Akhoury commended the Budget’s emphasis on holistic and inclusive growth. “The increased infrastructure investments will create significant opportunities for the cement sector, reinforcing our role in nation-building,” he said. The surge in housing and infrastructure projects is expected to drive demand for cement, allowing capacity expansion and innovation in sustainable construction practices.

Vice President of CMA and JSW Cement MD Parth Jindal called the Budget a forward-looking roadmap aligned with India’s vision for a developed nation by 2047. He highlighted key allocations, including Rs20,000 crore for innovation and Rs1.5 lakh crore in interest-free loans to states, which will bolster infrastructure and manufacturing growth. “The focus on PPP projects and skill development will further catalyze private investment and prepare India’s workforce for future demands,” Jindal added.

With infrastructure expansion and affordable housing at the forefront, the cement industry is poised for steady growth, ensuring sustainability and efficiency while contributing to India’s economic resilience.